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Bill: Income tax proposal of August 2593
Details
Submitted by[?]: The Third Way
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: April 2594
Description[?]:
| The The Third Way propose to adjust the government's income tax policy to better address the economic situation of the Aldegarian Empire of the One. |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 100 ACR | 15% | 37,699,000,000 ACR |
| > 5,000 ACR | 20% | 21,476,000,000 ACR |
| > 10,000 ACR | 30% | 9,569,000,000 ACR |
| > 15,000 ACR | 40% | 3,753,000,000 ACR | Total | 72,497,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 383 | ||||
| no | Total Seats: 298 | ||||
| abstain |
Total Seats: 69 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "A lot of people are waiting for Martin Luther King or Mahatma Gandhi to come back, but they are gone. We are it. It is up to us. It is up to you." - Marian Wright Edelman |